Madrid CoHas a Direct Labor Standard of 4 Hours Per Unit

question 76

Multiple Choice

Madrid Co.has a direct labor standard of 4 hours per unit of output.Each employee has a standard wage rate of $11 per hour.During February,Madrid Co.paid $99,500 to employees for 9,150 hours worked.2,400 units were produced during February.What is the direct labor efficiency variance?

• A)$1,150 favorable
• B)$4,950 favorable
• C)$6,100 favorable
• D)$302 favorable

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Government

The system or group of people governing an organized community, often a state, including institutions and officials that make and enforce laws.

Disparities

Inequalities or differences, often in the context of social, economic, or health outcomes among different populations.

Wealth

An abundance of valuable material possessions or resources, including money, property, and other assets.